Legal Question in Real Estate Law in California
Quitclaim Deed
My brother and sister are on title of my personal residence. Each have 1/3 interest. I wish to quitclaim my brother's 1/3 interest to me for valuable consideration. My brother lives in Florida. Can I use a California qiutclaim deed and change the notary part to State Of Florida as this is were he will sign the document.
Asked on 2/08/07, 6:00 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
Re: Quitclaim Deed
A quitclaim or grant deed would be appropriate. I would suggest using a Florida jurat (notary form).
Be aware that there could be adverse tax consequences to both of you because of transfer of title. Talk to a tax advisor before doing anything.
Answered on 2/08/07, 7:48 pm